Agreement with Persons in Possession of Collateral. Obtain and maintain such acknowledgments, consents, waivers and agreements (each a “Waiver”) from the owner, operator, lienholder, mortgagee, landlord or any Person in possession of tangible Collateral in excess of $150,000 per location as Lender may require, all in form and substance satisfactory to Lender. Notwithstanding the foregoing, Lender hereby waives the requirements of this Section 5.9(g) for each location at which Collateral is maintained as of the Closing Date.
Appears in 2 contracts
Samples: Loan and Security Agreement (Oculus Innovative Sciences, Inc.), Loan and Security Agreement (Oculus Innovative Sciences, Inc.)
Agreement with Persons in Possession of Collateral. Obtain and maintain such acknowledgments, consents, waivers and agreements (each a “Waiver”) from the owner, operator, lienholder, mortgagee, landlord or any Person in possession of tangible Collateral in excess of $150,000 25,000 per location as Lender may require, all in form and substance reasonably satisfactory to Lender. Notwithstanding the foregoing, Lender hereby waives the requirements of this Section 5.9(g) for each location at which Collateral is maintained as of the Closing Date.
Appears in 1 contract
Samples: Loan and Security Agreement (Digital Caddies, Inc.)
Agreement with Persons in Possession of Collateral. Obtain and maintain such acknowledgments, consents, waivers and agreements (each a “Waiver”) from the owner, operator, lienholder, mortgagee, landlord or any Person in possession of tangible Collateral in excess of $150,000 25,000 per location as Lender may require, all in form and substance satisfactory to Lender. Notwithstanding the foregoing, Lender hereby waives the requirements of this Section 5.9(g) for each location at which Collateral is maintained as of the Closing Date.
Appears in 1 contract
Samples: Loan and Security Agreement (Bacterin International Holdings, Inc.)
Agreement with Persons in Possession of Collateral. Obtain and maintain such acknowledgments, consents, waivers and agreements (each a “Waiver”) from the owner, operator, lienholder, mortgagee, landlord or any Person in possession of tangible Collateral in excess of $150,000 25,000 per location as Lender may reasonably require, all in form and substance reasonably satisfactory to Lender. Notwithstanding the foregoing, Lender hereby waives the requirements of this Section 5.9(g) for each location at which Collateral is maintained as of the Closing Date.
Appears in 1 contract
Samples: Loan and Security Agreement (Virtuix Holdings Inc.)
